Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "lauderdale"


25 mentions found


The University of Mobile is mourning the sudden death of freshman basketball player Kaiden Francis this week. Francis, of Fort Lauderdale, Florida, collapsed on campus Tuesday morning and died, university President Charles Smith said in a letter to students and faculty. "Yesterday morning Kaiden Francis, freshman point guard from Fort Lauderdale unexpectedly passed away after doing what he loved to do, working on his craft in the gym," Archey wrote. Classes at the university of almost 2,000 students were canceled Wednesday, and a vigil was held on campus Wednesday morning. "He was profoundly gifted and clearly loved by his teammates," Smith wrote.
Persons: Kaiden Francis, Francis, Charles Smith, Kaiden, Smith, Darnell Archey, Archey Organizations: University of Mobile, Facebook Locations: Fort Lauderdale , Florida, Fort Lauderdale
AdvertisementI lived abroad for years before returning to the United States for a bit in 2018. I left after two months when struggling with reverse culture shock. I left the United States in September 2015 because I wanted to experience living abroad as an adult. AdvertisementMy mom and sister had been visiting me in Chiang Mai, Thailand, when I ended a long-term relationship with the partner I'd been living with. All of this combined meant I only lasted in the United States for about two months before I returned to Chiang Mai.
Persons: I'd, Chiang, Spencer Platt, John F, Chiang Mai, I've Organizations: Kennedy International Airport, Trump Locations: United States, Chiang Mai, Thailand, Florida, Fort Lauderdale, Spain, Italy, Tallahassee
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Spirit Airlines , an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding consumer tastes. The airline said it expects to continue operating normally and said told customers can continue to book as the busy holiday season approaches. Spirit is the first major U.S. airline to file for Chapter 11 since American Airlines 13 years ago. Spirit filed for protection in U.S. Bankruptcy Court of the Southern District of New York.
Persons: Ted Christie, Spirit Organizations: Spirit Airlines, Fort, Hollywood International Airport, Fort Lauderdale , Florida . Spirit Airlines, U.S, American Airlines, JetBlue Airways, Bankruptcy, Southern, of, New York Stock Exchange Locations: Fort Lauderdale, Fort Lauderdale , Florida, , Florida, of New York
Judith Joseph described the current violence and political turmoil in Haiti — a place she calls home — as heartbreaking and devastating. “For me, it’s very emotional.”“The gangs, the gangs, my God,” she said. Haitian National Police officers patrol the area near Toussaint Louverture International Airport in Port-au-Prince, Haiti, on Aug. 12, 2024. Clarens Siffroy / AFP via Getty Images fileA JetBlue flight to New York and an American Airlines flight returning to Miami were also shot on the same day. The flights were shot at on the same day Haiti swore in a new prime minister, adding to the country’s political turmoil.
Persons: Judith Joseph, , ” Joseph, , Prince, Clarens Siffroy, that’s, , Jacques Balynce’s, ” Balynce Organizations: FAA, Spirit Airlines, Haitian National Police, Getty, JetBlue, American Airlines, Angels, Humanity, U.S . State Department Locations: Haiti, Port, Fort Lauderdale, Fla, Toussaint, Prince, AFP, New York, Miami, Cap, U.S, Dominican Republic
Three U.S. airlines have suspended flights to Haiti after a Spirit Airlines jet was struck by gunfire. Some see Rubio as one of the “less MAGA” options but is still someone “Trump’s base could trust,” a Trump ally said. Trump’s first Cabinet pick was Rep. Elise Stefanik of New York, to serve as ambassador to the United Nations. Hours later Trump announced his second Cabinet selection, former Rep. Lee Zeldin, to oversee the Environmental Protection Agency. The State Department is advising against travel to Haiti in the midst of violent political turmoil.
Persons: Donald Trump, Trump, Patrick T, Fallon, Donald Trump’s, Sen, Marco Rubio, Rubio, , Trump’s, Elise Stefanik, Lee Zeldin, Zeldin, Joe Biden’s, Stephen Miller, Miller, Mike Waltz, Ruben Gallego, Republican Kari Lake, ➡️ Trump, Christopher Wray, ➡️, , MAGA, , Kayla Smith, Jillaine St.Michel, Rebecca Vincen, Brown, Julie Lyons, Emily Corrigan, Jennifer Adkins, Richard Allen, Crews, Aaron Rodgers, Peter Guo, Calpak, Elizabeth Robinson Organizations: Spirit Airlines, Getty, United Nations, The, Republican Conference, Trump, Environmental Protection Agency, Trump’s Cabinet, Green Beret, Armed Services, Foreign Affairs, Intelligence, Democratic, Republican, Senate, State Department, JetBlue, New York City, American Airlines, The State Department, Women, Center for Reproductive, East, New York Jets, Riding Army, NBC, Walmart, Casper Locations: U.S, Haiti, AFP, Marco Rubio of Florida, New York, Israel, Gaza, Florida, Afghanistan, East, Africa, He’s, Arizona, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Miami, Idaho, Portland , Oregon, Ada County, Indiana, Delphi, West, New Jersey, California, China, Kaifeng, Asia
The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day earlier. The FAA's ban also prohibits U.S. flights from traveling under 10,000 feet in Haiti's airspace. On Monday, Spirit Airlines Flight 951 from Fort Lauderdale, Florida, diverted to Santiago in the Dominican Republic at around 11:30 a.m. after it was damaged by gunfire, the airline said. Spirit said one flight attendant on board "reported minor injuries" and that no passenger injuries were reported. JetBlue Airways and American Airlines have also canceled flights to the Haitian capital.
Persons: Spirit Organizations: Federal Aviation Administration, Spirit Airlines, U.S, JetBlue Airways, American Airlines, The U.S . State Department Locations: Haiti, Port, Fort Lauderdale , Florida, Santiago, Dominican Republic, The
A Spirit Airlines flight to Haiti was hit by gunfire on Monday, injuring a flight attendant, as the State Department warned of "gang-led efforts" to stop travel to the country. Spirit released a statement confirming that one of its flights from Fort Lauderdale, Florida, to Port-au-Prince, Haiti, was diverted to the Dominican Republic on Monday. "One Flight Attendant on board reported minor injuries and is being evaluated by medical personnel," the statement said. Travel to Haiti, which is still in the midst of violent political turmoil, is not advised by the State Department. "Only attempt to depart Haiti or travel within Haiti if you believe it is safe for you to do so."
Persons: Jovenel Moïse, Ariel Henry, Henry Organizations: Spirit Airlines, State Department, Dominican Republic . American Airlines, The State Department, U.S, Embassy Locations: Haiti, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Florida, Miami, Caribbean
CNN —Haiti swore in a new prime minister on Monday after a Spirit Airlines plane was hit by gunfire over the country’s capital Port-au-Prince, according to a diplomatic source in the country. All flights to Port-au-Prince’s Toussaint Louverture International Airport have been suspended until Nov. 18, according to Haiti’s civil aviation authority. It added that the aircraft has been taken out of service, and Spirit services to Port-au-Prince and Cap-Haitien have been suspended. Businessman Alix Didier Fils-Aimé was formally sworn in as Haiti’s new prime minister on Monday at a ceremony attended by various government officials in Port-au-Prince. Conille’s predecessor Ariel Henry stepped down earlier this year amid spiraling gang violence.
Persons: Prince’s Toussaint, Spirit, Prince, Garry Conille, Alix Didier Fils, Aimé, , Didier Fils, Conille, Fritz Jean, Jean, Ariel Henry Organizations: CNN, Haiti, Spirit Airlines, FlightRadar24, Social Media, Sunrise Airways, JetBlue, American Airlines, United Nations, Haiti’s Locations: Port, Fort Lauderdale, Florida, Santiago, Dominican Republic, Haiti, Caribbean
CNN —A Spirit Airlines plane was hit by gunfire Monday over Haiti’s capital Port-au-Prince, according to diplomatic source in the country, resulting in what the airline described as “minor injuries” to one of its crew members. It added that the aircraft has been taken out of service, and Spirit services to Port-au-Prince and Cap-Haitien have been suspended. Toussaint Louverture International Airport in Port-au-Prince, Haiti’s main international airport, has since paused operations following the incident, the diplomatic source told CNN. US-based carriers JetBlue and American Airlines have also cancelled flights to and from Haiti until Thursday. Conille’s predecessor Ariel Henry stepped down earlier this year amid spiraling gang violence.
Persons: Spirit, Prince, Toussaint Louverture, Garry Conille, Alix Didier Fils, Ariel Henry Organizations: CNN, Airlines, FlightRadar24, Sunrise Airways, JetBlue, American Airlines, United Nations, Haiti’s Locations: Port, Fort Lauderdale, Florida, Santiago, Dominican Republic, Haiti, Caribbean
It faced a June 2025 deadline to complete the project, according to the federal indictment outlining grand jury charges against Lumumba, Owens and Banks. Lumumba faces five charges, including one count of federal program bribery and another count of money laundering. Banks has been charged with one conspiracy to commit federal program bribery, honest services wire fraud and money laundering, in addition to a count of federal program bribery. At least seven people have pleaded guilty in relation to the scandal. “This indictment is a horrible example of a flawed FBI investigation,” Owens told reporters after he pleaded not guilty Thursday.
Persons: JACKSON, , , Chokwe Antar Lumumba, , Lumumba, Jody Owens, Owens, Aaron Banks, Angelique Lee, Barbara Gauntt, Banks, Owens ’, Sherik Marve Smith, ” Smith, “ Banks, Jackson, ” Todd Gee, Ward, ” Owens Organizations: Miss, City, Democrat, Department of Housing, Urban, Banks, Jackson City, Clarion, Ledger, USA, Democratic, NBC, Authorities, Federal, Justice Department, FBI, Courthouse, , Southern, Southern District of, Locations: Mississippi’s, Jackson, Hinds, Nashville , Tennessee, Fort Lauderdale , Florida, Owens, U.S, Southern District, Southern District of Mississippi, Africa
“Our Executive Slaves will come get you in a Brown Van,” the message read, “be prepared to be searched down once you’ve enter the plantation.”A text message received by Monét Miller. But that day, with the climate and everything going on, I genuinely felt scared.”Black social media users across the country said they have received text messages similar to Miller’s. Various Clemson University students reported receiving the text messages, prompting a public statement from the school. It is unclear who is behind the mass text messages, what motivated them or how they obtained phone numbers for swaths of Black people. Although college students seem to be the most targeted with the texts, Black people of varying ages have reported receiving the messages.
Persons: Monèt Miller, Donald Trump, , Monét Miller, Monet Miller Miller, ” Miller, Domonique, ” Valles, “ TextNow, , Brian Hughes, Trump, ” Hughes, Corryn Freeman, ” Freeman, John Anthony, ” Anthony, ‘ let’s, Miller Organizations: White, Ohio State University, Clemson University, University of Southern, Missouri State University, NBC News, Kappa Alpha Psi, FBI, U.S . Department of Justice, & Safety, Police, , NAACP, Democrats weren’t, Black Republican, Federal Communications Commission Locations: Atlanta , Georgia, Brown, South Carolina, University of Southern California, Domonique Valles, Virginia, Fort Lauderdale , Florida, Illinois, Trump
I use credit-card points to book almost all my travel, but I try not to carry a balance on my cards. AdvertisementI am a frequent traveler — on average, I fly at least once a month — and I put most of my expenses on my Delta co-branded airline credit card. As someone who books most of my travel with points and miles, here are things I'd never do. Caroline Purser/Getty ImagesIn my experience, it's rarely a good value to use my airline miles and credit-card points on hotel stays or vacation packages. It's my oldest credit card, and the interest rate is reasonable, so keeping it is good for my credit score for now.
Persons: , I've, Caroline Purser, I'm, that's Organizations: Service, Southwest Airlines Locations: San Antonio, Fort Lauderdale
A woman convicted of dressing up as a clown in 1990 and murdering the wife of a man she later married has been released from prison, putting to rest one of the more bizarre cold cases Florida has ever seen. Keen-Warren was arrested in 2017 in Washington County, Virginia, in connection with Warren’s 1990 murder. Initially, suspicion quickly focused on Michael Warren, the victim’s husband, as friends and family said the couple was having marital problems. Michael Warren served three years in prison, and in 1997 he vanished. But he re-emerged in 2002, marrying Sheila Keen — the same Sheila Keen-Warren who’s now charged with his ex-wife’s murder.
Persons: Sheila Keen, Warren, Marlene Warren, Keen, , Bob Ferrell, Michael Warren, Michael, Warren who’s, Sheila, Michael repossessing, Detectives, It’s Organizations: Florida Department of Corrections, Associated Press, West Palm Beach, Palm, Fort Lauderdale Sun, Sentinel Locations: Florida, Washington County , Virginia, Wellington, West Palm, Palm Beach
THE SNOW SHOWAt 44 years old, Nancy Snow was a force to be reckoned with. And she loved us so much,” Justine Snow told Dateline. Nancy Snow made the most of her time there. Nancy Snow Justine Snow“We can place her at BWI airport,” David Cordle, retired chief investigator for the Anne Arundel County State Attorney’s Office, told Dateline. “Nancy Snow was one of the ones that I had ended up with.”Cordle worked on Nancy’s case for decades.
Persons: , William Noel, Snow, ” Corporal Noel, , it’s, Nancy Snow, “ Nancy, ” Cpl, Noel, she’s, ” Nancy Snow, Stacy, Justine, Kimberly Justine Snow, Justine Snow, Kimberly, ” Justine, Nancy, Nancy Snow Justine Snow Nancy, Clint Eastwood’s, ’ ” Justine, Justine Snow “, Gene McNary’s, Thomas Eagleton, Ronald Reagan, Jimmy Carter, McNary, Eagleton, Nancy Snow Justine Snow, ” David Cordle, ” Cordle, Cordle, “ Nancy Snow, Louis, , Corporal Noel, she’d, St . Louis, ‘ I’m, hadn’t, She’s, NANCY SNOW, Nancy Snow Justine Snow Justine, J, Jay, “ We’ve, David Cordle, doesn’t, “ I’ve, Nancy Justine Snow, Jane Doe, Jane, Jane Doe’s, nothing’s, Cpl, ” Nancy Snow Justine Snow Organizations: City of, City of Annapolis Police Department, New York Times, Army, Volkswagen, California Bay Area, Republican National Committee, RNC, U.S . Senate, Anne, Attorney’s Office, Annapolis police, Annapolis Police Department, St, Baltimore, ” Authorities, VW, Nancy Locations: City of Annapolis, Europe, Germany, Greece, Spain, Portugal, Italy, France, U.S, California, Maryland, KMST, East Coast, Annapolis, St, Louis , Missouri, , Baltimore, East Coast from Missouri, BWI, Anne Arundel County, St ., Connecticut, , Nancy’s, Caribbean, Florida — Fort Lauderdale, Bahamas, Georgia , Connecticut, CODIS
Octavio Jones | ReutersExecutives at America's largest companies are talking publicly with investors about the presidential election more so than in recent cycles. The word "election" came up on 100 earnings calls of S&P 500 -listed firms between Sept. 15 and Oct. 31, according to FactSet. The U.S. presidential election is Tuesday Nov. 5. 'Prudent' clientsMultiple companies cited a feeling of unpredictability tied to the presidential race among consumers and business clients. To be sure, some of the "election" mentions this year were tied to unrelated events like enrollment periods for health care.
Persons: Blythe Andrews , Jr, Octavio Jones, Kamala Harris, Donald Trump, Richard Tobin, FactSet, John Butters, Harris, Trump, Harry Lawton, Hurricanes Helene, Andrew Watterson, Michael Bayley, Gary Hershorn, Stanley Black, Decker, Donald Allan, Decker's Allan, William Grogan, Jon Vander Ark, Eric Ashleman, hasn't, Nonfarm payrolls, Equifax, Mark Begor, Stephen Squeri, we've, Mark Parrell Organizations: Public, Reuters, America's, CNBC, U.S, Dover, Tractor Supply, Hurricanes, Southwest Airlines, Royal, Hollywood International Airport, Corbis, Republican, Republic, Boeing, Tyler Technologies, American Express, Equity Locations: Tampa , Florida, U.S, Milton, Royal Caribbean, Fort Lauderdale, Fort Lauderdale , Florida, America, China
ESPN President Jimmy Pitaro , who I spoke with this week in an exclusive interview, doesn't shy away from that. Other media companies buy sports rights too, but ESPN buys more, and its entire existence is predicated on it. Yes, ESPN+ has existed since 2018, but ESPN+ has always been ESPN Lite, as I discussed in a CNBC documentary we put out earlier this year. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights.
Persons: Alex Sherman, Jimmy Pitaro, doesn't, Pitaro, That's, it's, There's, Pitaro hasn't, Venu, Fubo, , He's, Shams Charania, Pat McAfee, he's, Zach Lowe, Max Kellerman, Suzy Kolber, Robert Griffin III, Steve Young, Jalen Rose, We're, Alex, you've, Morgan, Cooper Flagg, Flagg, CNBC's Jess Golden, hasn't, Erik, Hag, Ruud van Nistelrooy, Ruben Amorim, Shohei, — Dwyane Wade, Wade, Michelangelo's David, Dwyane Wade Organizations: CNBC, ESPN, Walt Disney Company, Cable, Warner Bros . Discovery, Paramount Global, Disney, ESPN –, Monday, Football, NBA, WNBA, NHL, MLB, College Football, ACC, Masters, Wimbledon, UFC, Revenue, Flagship, CNBC Sport, Morgan Stanley Wealth Management, Gatorade, Manchester United, archrival Manchester City, English Premier League, Sky Sports News, Los Angeles Dodgers, Major League Baseball, Kaseya, Union of European Football Associations, The, Pickleball, CBS, Fox Sports, December's APP, ESPN Headquarters, Washington Post, The Washington Post Locations: Duke, Los Angeles, Dallas, Atlanta, Portuguese, Japan, Miami, Europe, Fort Lauderdale , Florida
Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Courtesy: ArX CreativeA team of developers including Related Group is launching a $2 billion development at the largest marina in Fort Lauderdale, Florida, aiming to create a "mini Monaco," according to executives. Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida.
Persons: , Nick Perez, Jorge Perez, Jimmy Tate, Perez Organizations: Fort Lauderdale, Related, Miami, Tate Capital, Rok Enterprises, Fort, U.S, Enterprises Locations: Bahia Mar, Fort Lauderdale , Florida, Bahia, Fort, Fort Lauderdale —, South Florida, Monaco, Regis, Fort Lauderdale, Europe, Latin America
Lionel Messi of Inter Miami competes during a friendly match between Inter Miami and Newell's Old Boys at DRV PNK Stadium in Fort Lauderdale, Florida on February 15, 2024. Major League Soccer scored several regular season records, including for attendance and sponsorship, thanks in part to international super star Lionel Messi — and corporate strategy. Nearly 11.5 million people attended MLS matches during the regular season — which ended this past weekend — the most in its history, according to data from the league. Each match during the 2024 season averaged 23,234 attendees, the highest ever for the regular season. Last year, MLS' Inter Miami signed Messi, which caused a surge in attendance, jersey and other product sales, and overall fanbase engagement.
Persons: Lionel Messi, Lionel Messi —, Messi, Luis Suárez Organizations: Inter Miami, Major League Soccer, MLS, National Basketball Association, Messi, U.S . Locations: Fort Lauderdale , Florida
Former President Donald Trump’s visit on Sunday to a McDonald’s in Pennsylvania highlights the longest period without a national increase in the federal minimum wage since it was established in 1938. It’s not economics,” Reich said of the record-long period of time without a federal minimum wage increase. Reich, who has testified before Congress on the minimum wage, said there’s no question the federal minimum wage is not a livable wage. Members of the Service Employee International Union organized the rally in support of striking McDonald's workers who are demanding a wage increase. States hike minimum wagesAlthough the federal minimum wage hasn’t budged, many state minimum wages have.
Persons: Lehman, Bear Stearns, Patrick Mahomes, Kamala Harris, Donald Trump’s, Trump, ” Trump, Donald Trump, Doug Mills, Harris, , ” “, ” Harris, Michael Reich, ” Reich, Anna Kelly, , ” Kelly, Reich, Kevin Dietsch, ” Nina Turner, ” McDonald’s, That’s, Chandan Khanna Organizations: New, New York CNN, Lehman Brothers, Getty, Monday, Trump, Dynamics, University of California, CNN, Republican National, America, MIT, ” Labor, Service Employee International Union, Bureau of Labor Statistics, Labor Department Locations: New York, Francisco’s, United States, Pennsylvania, Feasterville, Trevose , Pennsylvania, Birmingham , Michigan, Berkeley, Communist, Washington ,, Alabama, California, Florida, Arkansas, West Virginia, Texas, Wisconsin, North Carolina, Ohio, Fort Lauderdale , Florida
There is endless discussion among parents — and researchers — about which mix of empathy and structure kids need to grow into well-adjusted adults. Recently, experts have been praising a new approach that they say is the perfect equilibrium of freedom and rigidity: lighthouse parenting. This is an authoritative style of child-rearing that calls for both rules and warmth. "Lighthouse parenting balances protection but fosters a really healthy resilience and autonomy in kids," she says. Often called "helicopter parenting," this method can stunt growth.
Persons: , Mona Amin, Ken Ginsburg, Ginsburg Organizations: Children's Hospital of Philadelphia Locations: Fort Lauderdale , Florida
As Hurricane Milton barrels toward Tampa Bay, some residents are saying that the resources needed to evacuate — especially gasoline — are in short supply, despite a mandate to leave the area. Debris from Helene also poses a risk as Milton approaches because the objects can turn into dangerous projectiles. On social media, lines stretching around the block could be seen at the few gas stations in the greater Tampa Bay area that still had fuel. Hurricane Helene had already damaged her family home and she assumes more, if not total damage, will be wrought by Milton. “What’s really sad is seeing people pulling up to gas stations and just staring at pumps that are out of gas,” she said.
Persons: Milton, Ashley Khrais, she's, ” Khrais, , Milton “, Hurricane Helene, Helene, Tampa Mayor Jane Castor, ” Castor, Ron DeSantis, , ” DeSantis, Lindsey Carlson, Carlson, she’s Organizations: National Hurricane Center, FEMA, White, Tampa Mayor, CNN, Milton’s, National Oceanic, Atmospheric Administration, Florida Division, Emergency Management, Gov, “ Fox, Patrol Locations: Tampa Bay, Holiday , Florida, Tampa, Florida, Hurricane, Lauderdale’s Port, Southeast Florida, Plant City, Lakeland, Jacksonville, Milton
Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is forecast to move north of the Yucatan Peninsula on Monday and Tuesday before crossing the Gulf of Mexico to approach the west coast of Florida by Wednesday, according to the National Hurricane Center. Hurricane Milton comes on the heels of Hurricane Helene, which killed more than 220 people and wrought devastation across the Southeast, particularly in North Carolina. Insurance stocks that have weather catastrophe exposure, meanwhile, are falling on potential insured losses tied to Hurricane Milton. Allstate, Travelers and Chubb saw their shares fall more than 3%, while Progressive and AIG all declined more than 1%.
Persons: Hurricane Milton, Generac, Hurricane Helene, Chubb, Milton, Joshua Shanker Organizations: Generac Holdings, Hurricane, National Hurricane Center, North Carolina . Insurance, Hurricane Milton, Allstate, Travelers, Progressive, AIG, Universal Insurance, Bank of America, Colorado State University, Research Locations: Hurricane, Yucatan, Mexico, Florida, Tampa, North Carolina, Fort Lauderdale , Florida
Generac Holdings — Shares of the maker of power generators surged 8% as Hurricane Milton intensified into a Category 5 storm . Amazon — The e-commerce stock lost 2.9% after Wells Fargo downgraded shares to equal weight from overweight and cut its price target, citing slowing growth and competition from Walmart. Hershey – Shares fell 2% after the chocolate maker was downgraded to neutral at UBS and to market perform at Bernstein. JPMorgan downgraded shares to underweight from neutral, citing dwindling confidence in the Israel-based company grapples with share loss concerns and volume challenge. JPMorgan downgraded shares to neutral, citing limited EPS upside from here.
Persons: Milton, Wells, Chubb, Morgan Stanley, Coty, Ashley Helgans, Arcadium, Bernstein, GLP, Ciena, , Yun Li, Hakyung Kim, Alex Harring, Jesse Pound, Michelle Fox, Sean Conlon, Pia Singh Organizations: Generac Holdings, Walmart, Pfizer —, CNBC, Insurance, , Allstate, Travelers, Progressive, Hurricane, Universal Insurance, Air Products, Chemicals, Garmin —, Garmin, Jefferies, Rio Tinto, Hershey –, UBS, Butterfly Equity, JPMorgan, Apple Locations: Florida, Hurricane Milton, Fort Lauderdale , Florida, Wells Fargo, California, Israel
A worker unloads a 24-kilowatt Generac home generator off a truck at Captain Electric on February 18, 2021 in Orem, Utah. Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 4 storm. Insurance stocks that have weather catastrophe exposure, meanwhile, are falling on potential insured losses tied to Hurricane Milton. Allstate, Travelers and Chubb saw their shares fall more than 3%, while Progressive and AIG all declined more than 1%. Lauderdale, plunged more than 20% as the catastrophe-prone carrier with Gulf Coast exposure could see heightened hurricane risks.
Persons: Hurricane Milton, Chubb Organizations: Captain Electric, Generac Holdings, Hurricane, National Hurricane Center, Insurance, Hurricane Milton, Allstate, Travelers, Progressive, AIG, Universal Insurance Locations: Orem , Utah, Milton, Yucatan, Mexico, Florida, Tampa, Fort . Lauderdale
Workflow has a different business strategy than Neumann's previous company, Bloomberg reports. Neumann told the outlet that investors at Andreessen Horowitz will help keep him disciplined. Ben Bergman/BI"The lack of community and the disconnection that people feel is even more relevant today" than in the days of WeWork, Neumann told Bloomberg of Workflow. Neumann says he's learned his lessonCritics didn't just zero in on WeWork's business model but also on Neumann's management. We're really not sure that we know the answer, therefore we're taking our time," Neumann told Bloomberg.
Persons: Adam Neumann, Neumann, Andreessen Horowitz, , WeWork, he's, WeWork's, Insider's Ben Bergman, Ben Bergman, Justin Sullivan, Ben Horowitz, Marc Andreessen, Andreessen, Noam Galai, TechCrunch Neumann, We're Organizations: Bloomberg, Service, Fort, Business, Flow, TechCrunch Locations: Fort Lauderdale, Miami, Atlanta, Nashville, Riyadh, Saudi Arabia, WeWork's
Total: 25